Aventine Renewable Energy Holdings, Inc.Pekin, IL, United States (NYSE: AVR)

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Aventine Company Description

Aventine Renewable Energy Holdings is a leading US producer and marketer of ethanol, a grain alcohol mainly used as a fuel additive in gasoline to reduce vehicle emissions and enhance engine performance. It produces about 190 million gallons of ethanol at facilities in Illinois and Nebraska, and through purchase and resale operations and marketing alliances with other producers, the company distributes approximately 750 million additional gallons. Major customers include BP, ConocoPhillips, Chevron, Royal Dutch Shell, Marathon Oil, and Valero. In 2009, amid tough times for ethanol producers, Aventine filed for Chapter 11 bankruptcy protection.

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The Company Description provides a historical perspective of Aventine's organization from inception to current status.

Produced by Hoover's in-house editorial team, the Company Description tracks ownership transitions, company progress via mergers and acquisitions, major growth milestones, and strategic initiatives, to provide a holistic view of Aventine's evolution in the marketplace.

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